Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

121 Grenfell Street
Adelaide, SA 5000

Contact Agent

Land Size: 744 sqm
Property Type: Commercial
Listed Date: 17th Feb 2026
Overview

Adelaide CBD Corner Development Opportunity

NAI Harcourts is proud to present 121 Grenfell Street, Adelaide SA 5000 - a rare and highly strategic CBD corner landholding positioned in the absolute heart of Adelaide's commercial spine.

This prominent dual-frontage property to Grenfell Street and Hyde Street offers substantial upside.

  • Site Area: 744 sqm*
  • Gross Lettable Area: 1,795 sqm*
  • Capital City Zone - No Prescribed Height Limit (STCC)
  • Prime corner position with dual street exposure
  • Rear access + on-site car parking
  • Underutilised asset with clear rental reversion potential

The property comprises a striking two-storey heritage building with basement, originally constructed in 1926-1927, retaining strong architectural character and adaptability.

Strategically located moments from Rundle Mall, Hindmarsh Square, premium office towers, hotels and major transport links - this is a genuine opportunity to secure a landmark CBD asset with multiple pathways for value creation.

For Sale by International Expressions of Interest. Closing Friday, 27 March 2026 at 5:00pm (ACDT).

Location
121 Grenfell Street
Adelaide SA 5000
Measurements
Type Dimensions
Floor Area 1795 sqm
Market Insights for Adelaide SA 5000
New Listings (last 30 days)
8
Average price
$698,375
Lowest price
$550,000
Highest price
$899,000
Other properties in this postcode
, Adelaide SA 5000
Price on Application
, Adelaide SA 5000
2303/21-59 Grote, Adelaide SA 5000
Contact Agent!
2303/21-59 Grote, Adelaide SA 5000
2 beds 2 baths 1 car
2704/29 Angas Street, Adelaide SA 5000
Best Offer | Mon 01 Jun 3.00pm (USP)
2704/29 Angas Street, Adelaide SA 5000
1 bed 1 bath 1 car
1413/96 North Terrace, Adelaide SA 5000
Contact Agent
1413/96 North Terrace, Adelaide SA 5000
1 bed 1 bath 1 car
1101/16-20 Coglin Street, Adelaide SA 5000
Best Offers - Contact Agent!
1101/16-20 Coglin Street, Adelaide SA 5000
2 beds 2 baths 1 car
1311/6 Penaluna Place, Adelaide SA 5000
$765,000
1311/6 Penaluna Place, Adelaide SA 5000
2 beds 2 baths 2 cars

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.